Developing a successful application system has a distinct set of factors contributing to successful development. One of the key aspects that support quality system development is the SRS (software requirements specifications). While managing the SRS vests in the hands of the project coordination team, there is a need to involve various stakeholders integral to the project environment to get the SRS document right. Many of the earlier studies have presented significant solutions for SRS document management. In this manuscript, focusing on the consensus part of the various stakeholders involved in the document processing, the emphasis is on applying Likert Rating scale model-based regression analysis for consensus. The model presented is a quite simple and domicile approach that can be applied over any set of existing SRS techniques. The experimental case scenario assessment for the project indicates the model as a potential system to improve the overall process outcome in the SRS quality for the projects. Considering such factors, the study's model can be seen as a pragmatic solution to assess and improve consensus among the project stakeholders towards an SRS document.